BLZ.AX stock down 33% at close on 16 Feb 2026: liquidity and valuation risks

BLZ.AX stock closed down 33.33% to A$0.001 on 16 Feb 2026 on the ASX in Australia. Trading volume surged to 9,505,046 shares, well above the 30-day average, and the market cap sits at A$2,875,000.00. The sharp drop follows weak financial metrics and thin liquidity. We review price action, valuation, Meyka AI grading, and near-term catalysts for Blaze Minerals Limited (BLZ.AX)